Hertz preparing to file for bankruptcy as soon as Friday night

Car rental firm Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top lenders, the Wall Street Journal reportrd citing people familiar with the matter.
Read more: https://www.reuters.com/article/us-hertz-glo-hldg-bankruptcy/hertz-preparing-to-file-for-bankruptcy-as-soon-as-friday-night-wsj-idUSKBN22Y2X6?source=Snapzu